On January 28th of 2016, French Minister of the Economy, Industry and Digital Affairs Emmanuel Macron announced Cape Town, one of the most innovative hub in Africa, as one of the 6 new “French Tech Hubs”.
Cape Town, South Africa therefore joins San Francisco, London, Tokyo, New York or Hong Kong amongst the host of these Hubs, located at the heart of the most innovative cities in the world.
“La French Tech” is a increasingly powerful force aggregating thousands of companies, ranging from start ups to large technology groups, joining in an effort to cooperate and co innovate. “La French Tech” community was for instance the largest contingent of non american companies present at the 2016 Consumer Electronic shows in Las Vegas. According to the Deloitte Fast 500 EMEA annual ranking, France has the largest number of hyper-growth firms in the “Europe, Middle-East and Africa” area, for the sixth successive year.
The Methys group has always been strongly committed to promote business between France and the Western Cape. This can be reflected by our operations and portfolio of clients that are evenly split between the two countries.
“Methys is very pleased to work with our partners at Dassault Systèmes, eFront, Gemalto, Orange, and Schneider Electric to deliver a vision of Cape Town as a major Hub for French Technology investment. We hope to attract to South Africa and to the “Silicon Cape” R&D, development, and design centres for leading or innovative French Tech companies, and help South African tech companies scale up with the support of the French Tech Network.“ Christophe Viarnaud, co-founder and Chief Executive Officer of Methys
The designation of Cape Town as a French Tech hub will provide more visibility to French entrepreneurs, mentors and investors based in Cape Town and it will also strengthen the position of Cape Town as a global tech cluster where foreign entrepreneurs can invest and thrive. The initiative also gather informative resources on the ecosystem on its website capetown.lafrenchtech.com and will organise networking events and conferences throughout the year.
The initiative has been saluted by local organisations that wish to welcome more foreign investors to the Western Cape and greet the increased visibility that Cape Town is gaining in France.
“Wesgro welcomes the news that Cape Town has been selected as a new French Tech Hub. The French community in the Cape has made an outsized contribution to tech entrepreneurship and innovation in “Silicon Cape”, and we are thrilled that this contribution has been formally recognised by the French government. As the official tourism, trade and investment promotion agency for Cape Town and the Western Cape, Wesgro is responsible for promoting the Cape as the leading tech cluster in Africa. The designation of Cape Town as an official French Tech hub is an important vote of confidence in our tech ecosystem, and will help to drive investment, trade and technology transfers between our region and France.”
Tim Harris, CEO of Wesgro